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Answers
Explanation:
1.capital refers to that of wealth which is used for further production of wealth. Land is the natural factor of production, it is permanent in nature. Capital is a man made factor of production. It lacks permanency.
2.The non-farm activities of Palampur are dairy, small scale manufacturing and transport.
3.We have to shift to non-farming activities too for the development of village and country. Non-farming activities in Palampur include small-scale manufacturing units, transportation services like bullocks, rickshaw from village to towns and cities, transportation of milk from village to cities, small trading shops.
4.Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation. The rate of interest on such loans is very high. They are put to great distress to repay the loan.